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Progressive

1,459 hedge funds and large institutions have $103B invested in Progressive in 2024 Q1 according to their latest regulatory filings, with 215 funds opening new positions, 550 increasing their positions, 513 reducing their positions, and 70 closing their positions.

New
Increased
Maintained
Reduced
Closed

207% more first-time investments, than exits

New positions opened: 215 | Existing positions closed: 70

51% more call options, than puts

Call options by funds: $611M | Put options by funds: $406M

49% more funds holding in top 10

Funds holding in top 10: 4567 (+22)

27% more capital invested

Capital invested by funds: $81.2B → $103B (+$22.1B)

10% more funds holding

Funds holding: 1,3261,459 (+133)

7% more repeat investments, than reductions

Existing positions increased: 550 | Existing positions reduced: 513

1.72% less ownership

Funds ownership: 87.11%85.39% (-1.7%)

Holders
1,459
Holders Change
+133
Holders Change %
+10.03%
% of All Funds
21.02%
Holding in Top 10
67
Holding in Top 10 Change
+22
Holding in Top 10 Change %
+48.89%
% of All Funds
0.97%
New
215
Increased
550
Reduced
513
Closed
70
Calls
$611M
Puts
$406M
Net Calls
+$206M
Net Calls Change
+$70M
Name Holding Trade Value Shares
Change
Change in
Stake
SSB
1351
Sandy Spring Bank
Maryland
$38.7K +$7.98K +43 +30%
CH
1352
Canton Hathaway
Rhode Island
$38K
PMFA
1353
Plante Moran Financial Advisors
Michigan
$37.8K -$3.9K -21 -10%
RA
1354
RiverPark Advisors
New York
$37.8K +$34K +183 New
DF
1355
DecisionPoint Financial
Arizona
$37.7K +$3.9K +21 +13%
BAM
1356
Byrne Asset Management
New Jersey
$37.2K
LI
1357
LRI Investments
Florida
$35.6K +$31.9K +172 New
RFA
1358
Register Financial Advisors
Georgia
$34.7K +$31.2K +168 New
JWA
1359
JFS Wealth Advisors
Pennsylvania
$33.9K -$3.52K -19 -10%
TAM
1360
Tucker Asset Management
Colorado
$33.7K
NBT
1361
Northwest Bank & Trust
Iowa
$32.5K
ITIM
1362
Indiana Trust & Investment Management
Indiana
$31.6K +$28.4K +153 New
GG
1363
Gleason Group
Kentucky
$31.2K +$186 +1 +0.7%
MAM
1364
Meeder Asset Management
Ohio
$31K +$27.8K +150 New
VCM
1365
Versant Capital Management
Arizona
$29.8K
MSWM
1366
Mowery & Schoenfeld Wealth Management
Illinois
$28.3K -$1.11K -6 -4%
APC
1367
Aspire Private Capital
North Carolina
$26.7K
HT
1368
Headlands Technologies
Illinois
$26.5K +$4.27K +23 +22%
SC
1369
SouthState Corp
Florida
$25.9K
AWM
1370
Abound Wealth Management
Tennessee
$25.4K +$742 +4 +3%
AP
1371
Aspect Partners
Virginia
$25K
S
1372
Sachetta
Massachusetts
$24.8K
JFA
1373
JNBA Financial Advisors
Minnesota
$23.8K
TCM
1374
Tradewinds Capital Management
Washington
$23.8K
CWM
1375
Cedar Wealth Management
California
$23.6K +$21.2K +114 New

PGR Hedge Fund Activity: Q1 2024 in Review

1,459 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Progressive (PGR) for Q1 2024, worth a combined $103B — up 27% from $81.2B a quarter earlier.

Buyers outnumbered sellers: 215 funds opened new PGR positions and 70 closed out — a net gain of 145 holders — while 550 added to existing stakes and 513 trimmed.

The largest buyer was Brown Advisory, adding an estimated $448M. The largest seller was Morgan Stanley, cutting an estimated $1.29B.

  • 1,459 institutional investors held Progressive (PGR) as of Q1 2024, up from 1,326 in Q4 2023.
  • Funds reported $103B of Progressive stock for Q1 2024, up 27% quarter-over-quarter.
  • 215 funds opened new Progressive positions in Q1 2024 and 70 closed out, a net change of +145 holders.
  • The largest Progressive buyer in Q1 2024 was Brown Advisory, an estimated $448M added.
  • The largest Progressive seller in Q1 2024 was Morgan Stanley, an estimated $1.29B sold.

Based on aggregated 13F filings for Q1 2024.